Annual Report 1997 ［ PDF：2.4MB ］ - Shiseido

Cash Flows from Operating Activities:
Net income...................................
Adjustments to reconcile net income to net cash provided
by operating activities:
Depreciation................................
Amortization ...............................
Minority interests in net income of
consolidated subsidiaries .....................
Translation gains from forward exchange contracts ....
Provision for accrued severance indemnities .........
Equity in net income of affiliates .................
Gain on sales/disposal of property ................
Changes in assets and liabilities:
Decrease (increase) in receivables ................
Increase in inventories ........................
Decrease (increase) in deferred income taxes ........
Decrease (increase) in other current assets ..........
Increase in payables ..........................
Increase (decrease) in accrued income taxes .........
Increase (decrease) in other current liabilities .......
Other, net....................................
Net cash provided by operating activities ...........
Cash Flows from Investing Activities:
Acquisition of property, plant and equipment...........
Decrease (increase) in investments in securities .........
Decrease in investments in subsidiaries and affiliates......
Proceeds from sales of property, plant and equipment .....
Transfer of investments in securities
to/(from) cash equivalents.......................
Increase in intangibles and deferred charges............
Decrease (increase) in other .......................
Net cash provided by (used for) investing activities ....
Cash Flows from Financing Activities:
Borrowings of long-term debt ......................
Repayment of long-term debt ......................
Proceeds from issue of bonds with warrants............
Proceeds from exercise of warrants ..................
Redemption of bonds............................
Decrease in short-term loans ......................
Cash dividends ................................
Net cash provided by (used for) financing activities....
Net Change in Cash and Cash Equivalents ..............
Cash and Cash Equivalents at Beginning of Year ..........
Cash and Cash Equivalents at End of Year...............
The accompanying notes are an integral part of the statements.
Consolidated Statements of Cash Flows
Shiseido Company, Limited, and Subsidiaries
For the years ended March 31, 1997, 1996 and 1995
SHISEIDO / Annual Report 1997 26
1997
Millions of yen
1996 1995
¥019,152
14,881
6,363
357
(576)
31
(858)
(941)
(7,709)
(3,444)
1,942
(847)
622
713
6,388
1,425
37,499
(18,570)
(8,477)
465
3,087
8,114
(16,613)
(3,535)
(35,529)
7
(128)
28,332
16,237
(32,000)
(4,319)
(5,000)
3,129
5,099
108,774
¥113,873
¥017,507
16,109
6,022
(92)
(392)
74
(601)
(1,234)
(6,952)
(683)
1,418
(1,097)
7,539
1,820
(3,591)
(636)
35,211
(11,607)
(2,222)
337
2,734
8,316
(4,905)
(596)
(7,943)
1,005
—
—
—
—
(931)
(5,010)
(4,936)
22,332
86,442
¥108,774
¥11,382
18,576
5,647
(2,184)
(392)
154
(652)
—
1,885
(5,796)
(3,233)
8
1,649
(975)
599
(1,430)
25,238
(11,373)
112
366
2,015
3,094
(4,285)
6,756
(3,315)
500
(372)
—
—
—
(10,019)
(4,700)
(14,591)
7,332
79,110
¥86,442
Thousands of
U.S. dollars (Note 3)
1997
$166,539
129,400
55,330
3,104
(5,008)
270
(7,461)
(8,183)
(67,035)
(29,948)
16,887
(7,365)
5,409
6,200
55,548
12,391
326,078
(161,478)
(73,713)
4,044
26,843
70,556
(144,461)
(30,739)
(308,948)
61
(1,113)
246,365
141,191
(278,261)
(37,556)
(43,478)
27,209
44,339
945,861
$990,200